Monetary Policy

MONETARY POLICY STATEMENT FOCUSING ON PRICE AND EXCHANGE RATE STABILITY 17 FEBRUARY 2020

Submitted by admin on

The measures and policies discussed in the statement are aimed at accomplishing the Bank’s 2020 key strategic focus areas of ensuring exchange rate and price stability, the smooth functioning of the interbank foreign exchange market and providing support to economic activity without endangering the important objective of reducing and stabilising inflation in the short to medium term.

2020-01-07 Reserve Bank : Press Statement on the Deliberations of the Monetary Policy Committee [MPC]

The Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe (the Bank) met on 7 January 2021 and deliberated on measures to refine and enhance the sustainability of the Foreign Exchange Auction System. The MPC made the following resolutions in respect of surrender and liquidation of foreign exchange receipts: -

2020-03-26 Reserve Bank : Press Statement on the INTERVENTIONS IN RESPONSE TO THE FINANCIAL VULNERABILITIES CAUSED BY THE COVID-19 PANDEMIC

Pursuant to His Excellency, the President’s 23 March 2020 Address to the Nation on additional measures to mitigate the devastating impact of COVID-19 on the Zimbabwean society and the economy, Government, through the Reserve Bank of Zimbabwe ( the Bank ), would like to advise the public that it is making it easier for the transacting public to conduct business during this difficult period by making available an option to use free funds to pay for goods and services chargeable in

2020-05-22 Reserve Bank : Press Statement on the Deliberations of the Monetary Policy Committee [MPC]

The Monetary Policy Committee of the Reserve Bank of Zimbabwe (the Committee) met on 22 May 2020 and considered a wide range of issues currently confronting the Zimbabwean economy.
The Committee welcomed the Bank’s decision to introduce higher-denominated banknotes to the market through normal banking channels that are money supply neutral but urged the Bank to enhance the process of dealing with and replacing soiled and damaged notes in circulation.

2019-11-29 Reserve Bank : Press Statement on the Deliberations of the Monetary Policy Committee [MPC]

PRESS STATEMENT OF THE MONETARY POLICY COMMITTEE (MPC)
1. The Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe held its third meeting on 29 November 2019. The Committee met and deliberated on a number of issues including the potential monetary implications of the 2020 National Budget and the liquidity situation in the economy.

2019-10-30 Reserve Bank : Press Statement on the Deliberations of the Monetary Policy Committee [MPC]

INTRODUCTION
1. The Reserve Bank of Zimbabwe’s Monetary Policy Committee (MPC) held its inaugural meeting on 28 and 29 October 2019 at the Bank Chambers. During its deliberations, the Committee noted a number of issues that require urgent implementation for attainment of macroeconomic stability for sustainable development.
2.

Reserve Bank Exchange Control Directive to Authorised Dealers RU 28/2019 of 22 February 2019

Table of Contents
1. Introduction ...........................................................................................................2
2. Establishment of an Interbank Foreign Exchange Market ....................................... 2
3. Export Receipts Retention Thresholds ....................................................................4
4. Export Receipts Retention Periods ..........................................................................5

Pages

Subscribe to RSS - Monetary Policy